Cheap Apartments for Rent in the Penn Draw Neighborhood of Alexandria, VA from $900 (58 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Penn Draw area of Alexandria.

property at 2059 Huntington Ave

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

Studio, 1 Bath Home for Rent

Available Now

2059 Huntington Ave

AlexandriaVA22303

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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The Foundry
$1,846 - $7,656
Total Monthly Price

Total Monthly Price

Base Rent
$1,839 - $7,649
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Foundry

2470 Mandeville LnAlexandria, VA 22314
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 6621 Wakefield Dr

$1,699 - $1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

1 Bedroom Rentals

Available Now

6621 Wakefield Dr

AlexandriaVA22307
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Dylan & Reese
Rent Specials
$1,923 - $3,985
Total Monthly Price

Total Monthly Price

Base Rent
$1,896 - $3,958
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Dylan & Reese

2455 Mandeville AveAlexandria, VA 22314
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 2317 Huntington Ave

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

2 Bedroom Rentals

Available Now

2317 Huntington Ave

AlexandriaVA22303
property at 2237 Farrington Ave

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom Rentals

Available Now

2237 Farrington Ave

AlexandriaVA22303
property at 6628 E Wakefield Dr

$2,090

Total Monthly Price

Total Monthly Price

Base Rent
$2,090

Total Monthly Price
$2,090

2 Bedroom, 1 Bath Home for Rent

Available Now

6628 E Wakefield Dr

AlexandriaVA22307
property at 4870 Eisenhower Ave

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

1 Bedroom, 1 Bath Home for Rent

Available Now

4870 Eisenhower Ave

AlexandriaVA22304
property at 520 John Carlyle St

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

1 Bedroom, 1 Bath Home for Rent

Available Now

520 John Carlyle St

AlexandriaVA22314

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

property at 4854 Eisenhower Ave

$2,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

2 Bedroom, 1 Bath Condo for Rent

Available Jul 1

4854 Eisenhower Ave, Unit 249

4854 Eisenhower Ave
AlexandriaVA22304
property at 7505 Calderon Ct

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

2 Bedroom, 2 Bath Home for Rent

Available Now

7505 Calderon Ct

AlexandriaVA22306
property at 2451 Midtown Ave

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

1 Bedroom Rentals

Available Now

2451 Midtown Ave

AlexandriaVA22303
property at 309 Holland Ln

$2,450

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,450

Total Monthly Price
$2,450

1 Bedroom, 1 Bath Condo for Rent

Available Now

309 Holland Ln, Unit 103

309 Holland Ln
AlexandriaVA22314
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Carlyle Mill
$2,450 - $5,116
Total Monthly Price

Total Monthly Price

Base Rent
$2,025 - $4,691
Required Monthly Fees
$425

Total Monthly Price
$2,450 - $5,116
1 to 3 Bedroom Apartments Available Now

Carlyle Mill

2201 Mill RdAlexandria, VA 22314
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 4306 Elmwood Dr

$2,500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

3 Bedroom, 1 Bath Home for Rent

Available Jun 1

4306 Elmwood Dr

AlexandriaVA22310
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Mount Vernon Gardens
Studio to 2 Bedroom Apartments

Mount Vernon Gardens

7417-7421 Fordson RdAlexandria, VA 22306
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The Ellsworth
Studio to 2 Bedroom Apartments

The Ellsworth

2801 Seay StAlexandria, VA 22314

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Jefferson Gardens
1 to 2 Bedroom Apartments

Jefferson Gardens

5877 Monticello RdAlexandria, VA 22303
  • Utilities Included
property at 113 E Taylor Run Pkwy

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Now

113 E Taylor Run Pkwy

AlexandriaVA22314
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Olde Towne West
1 to 4 Bedroom Apartments

Olde Towne West

500-524 S Alfred StAlexandria, VA 22314
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Kings Gardens
1 to 3 Bedroom Apartments

Kings Gardens

6300 S Kings HwyAlexandria, VA 22306
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Cherry Arms
1 to 3 Bedroom Apartments

Cherry Arms

7131 Richmond HwyAlexandria, VA 22306
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115 S Patrick St
Studio to 2 Bedroom Apartments

115 S Patrick St

115 S Patrick StAlexandria, VA 22314
Student Housing
  • Utilities Included
property at 2621 Wagon Dr

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

2621 Wagon Dr

AlexandriaVA22303
property at 2622 Fort Farnsworth Rd

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

3 Bedroom, 1 Bath Condo for Rent

Available Now

2622 Fort Farnsworth Rd, Unit 216

2622 Fort Farnsworth Rd
AlexandriaVA22303

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Penn Draw, Alexandria, VA Local Guide

Cheapest Available Penn Draw Apartments for Rent

 

The cheapest available apartment rental in the Penn Draw area of Washington, VA is a 1 Bed unit found at Longview Terrace Apartments priced from $1,242. Riverside Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,299. Here are the most affordable Penn Draw apartments for rent in Washington, VA:

Apartment ListingModel NameBed/BathPriced From
Longview Terrace Apartments1 Bedroom1BR,1BA$1,242
Riverside ApartmentsTower 2 | Studio | S1AStudio,1BA$1,299
Meadow WoodsPatrick Henry1BR,1BA$1,419
Mount Vernon Square Apartment HomesOne Bedroom - 735 sqft1BR,1BA$1,420
Cityside Huntington MetroStudio 430 sq. ft.Studio,1BA$1,450
Lafayette Apartments1 Bedroom+Den1BR,1BA$1,499
Haven Huntley Meadows1 Bedroom1BR,1BA$1,610
The Residences at North Hill1 Bedroom1BR,1BA$1,656
Beacon HillPiperStudio,1BA$1,670
Kings Gardens1Bedroom Den 1Bathroom1BR,1BA$1,702

Best Value Apartments for Rent in Penn Draw, VA

As of May 31, 2026 the best value apartment in the Penn Draw area is the $2.12 price per square foot Two Bedroom Model at The Shelby in the in the Valley View neighborhood starting from $2,679. The second greatest value Penn Draw apartment is the 2 Bedroom Model at Lafayette Apartments starting at $1,849 with a $2.07 price per square foot in the Gum Springs neighborhood. Here is today’s list of the best values for Penn Draw apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The ShelbyTwo Bedroom2BR,2BA$2.12
Lafayette Apartments2 Bedroom2BR,1BA$2.07
The Courts at Huntington StationOne Bedroom with Loft A1IL1BR,1BA$2.72
Kings Gardens1Bedroom Den 1Bathroom1BR,1BA$2.05
Meadow WoodsWoodlawn1BR,1BA$2.12
Cherry Arms1Bedroom 1Bathroom1BR,1BA$2.60
The Residences at North Hill1 Bedroom1BR,1BA$2.48
Mount Vernon Square Apartment HomesOne Bedroom - 665 sqft1BR,1BA$2.26
Haven Huntley Meadows1 Bedroom1BR,1BA$2.46
Longview Terrace Apartments1 Bedroom1BR,1BA$1.98

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Frequently Asked Questions about Cheap Penn Draw Apartments

What is a cheap apartment in Penn Draw?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Penn Draw is under $1,702.

What is the price of a cheap apartment in Penn Draw?

The cheapest apartment in Penn Draw is Longview Terrace Apartments which is listed at $1,242, while the average apartment in Penn Draw costs $2,655.

What types of apartments are the cheapest in Penn Draw?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 36 regular apartments in Penn Draw that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Penn Draw?

Cheap apartments in Penn Draw have an average cost of $114 which is $2,541 cheaper than the average rent for all rentals in Penn Draw.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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